Bribery & Corruption - ACL
ACL EBOOKBRIBERY ANDCORRUPTIONTHE essential guide TO MANAGING THE RISKSBribery & Corruption : The essential guide to managing the risks - 3CONTENTSFailing to Manage Bribery and Corruption Risks Can Be Very Global Risk ________________________________________ ________________________________________ _____________________________________8So Why is Bribery Still Commonplace and Such a Risk? ________________________________________ ____________________________9What Can Be Done to Address the Risks Associated with Bribery and Corruption ? _________________________________10Whose Job is it Anyway? Start by Defining Roles and Responsibilities ________________________________________ ________12A Fork in the Process Roadmap: Choose a Standalone or an Integrated Process ____________________________________13Bu ild an Anti- Bribery & Anti- Corruption Program: 5 Step Process ________________________________________ _____________14Identify and Assess Risks ________________________________________ ________________________________________ _____________________14Identify Mitigation
Bribery Corruption The essential guide to managing the risks - 7 “The Foreign Corrupt Practices Act (FCPA), enacted in 1977, generally prohibits the payment of bribes to foreign officials to assist in obtaining or retaining business.
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